Korn Ferry (KFY) Tops Q3 EPS by 11c; Offers Q4 Guidance
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Korn Ferry Announces Third Quarter Fiscal 2022 Results of Operations
March 9, 2022 6:45 AM ESTHighlights
Korn Ferry reports quarterly fee revenue of $680.7 million in Q3 FY22, an increase of 43% from Q3 FY21 and a sequential increase of 6% from Q2 FY22. Net income attributable to Korn Ferry of $84.1 million and diluted and adjusted diluted earnings per share of $1.54 and $1.59 in Q3 FY22, respectively, all reaching new highs. Operating income and Adjusted EBITDA both reached new highs in Q3 FY22 at $126.3 million (operating margin of 18.6%) and $138.3 million (Adjusted EBITDA margin of 20.3%), respectively. The Company repurchased 304,500 shares of stock during the quarter for $22.1 million. Declared a quarterly dividend... More